World Online Ranking of Best Business & Management Scientists – 2024 Report
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On April 2, 2024, Research.com published the third edition of its annual ranking of the greatest scientists in business and management. This annual list of outstanding researchers in the area aims to bring attention and recognition to the academic community for their research achievements, particularly in light of recent global economic and sociopolitical events that have reshaped what it means to be resilient in business and management.
We hope that this report inspires decision-makers, researchers, and entrepreneurs from all over the world to learn more about what professionals are examining in light of the present business and management climate. This ranking of the best business and management scientists allows us all to learn from the field's leading experts while also discovering which research institutions, universities, and countries have managed to maintain a strong research tradition for the advancement of business and management practices.
For the 2024 edition of the greatest business and management researchers, we looked at nearly 2,000 profiles derived from several bibliometric databases. Using a variety of indicators and criteria, we verified and inspected each scientist's qualifications to guarantee that every entry was worthy of ranking.
To be included in the ranking, a scholar's D-index (Discipline H-index) was set at 30. Aside from the D-index, one of the main factors considered was the proportion of contributions made within the discipline, which indicates that the majority of their publications should be in the subject of business and management, including awards and distinctions.
Emerging themes in business and management research
In 2023, the scholarly research landscape in business and management witnessed a significant shift towards topics such as digital transformation, sustainability, employee engagement, and diversity, equity, and inclusion (DEI). This trend reflects the evolving priorities and challenges faced by businesses globally, particularly in the wake of rapid technological advancements and heightened social awareness.
Digital transformation emerged as a focal point as organizations sought to leverage technology to streamline operations, enhance customer experiences, and stay competitive in a digital-first economy. Scholars delved into the intricacies of digital adoption, exploring strategies, challenges, and implications for various aspects of business management, from supply chain optimization to marketing strategies.
Moreover, sustainability, employee engagement, and DEI gained prominence as businesses recognized the imperative to operate ethically, responsibly, and inclusively. Research in these areas delved into strategies for integrating sustainability practices into business models, fostering a culture of engagement and empowerment among employees, and promoting diversity and inclusivity in the workplace.
Scholars examined the business case for sustainability initiatives, the impact of employee engagement on organizational performance, and the role of inclusive practices in fostering innovation and driving organizational success.
This focus underscored a broader recognition among businesses of the interconnectedness between social responsibility, organizational culture, and long-term sustainability, shaping not only research agendas but also driving real-world practices and organizational strategies.
The key findings for the 3rd edition of the best business and management scientists ranking
- Business and management scholars from the United States still dominate the 2024 ranking with 465 scientists representing 46.5% of all leading scientists, followed by the United Kingdom (156 scholars or 15.6%), Australia (51 scientists or 5.1%), and Canada (50 researchers or 5.0%). Other countries in the lead are the Netherlands and China (38 scientists or 3.8%), followed by Germany (27 scientists or 2.7%).
- Of the top 10 scientists, 7 are from the United States while the other two are from the United Kingdom and one from the Netherlands.
- While most of the scientists in the top 10 are from the United States, the leading researcher, Mike Wright, hails from Imperial College London in the UK.
- In the 2024 ranking, the University of Pennsylvania maintained its ranking as the top research institution with the most number of leading researchers in the field of business and management with 22 scholars.
- Ranking 9th among the top 10 institutions, Hong Kong Polytechnic University is the only non-American university with the highest number of leading business and management scholars.
- For the top 1% of scientists, the average D-index is 128–a jump from 122 in 2023–while the overall D-index average for the top scholars included in the ranking is 59.
The full ranking for the 2024 list of the best business and management scientists can be found here:
WORLD'S BEST BUSINESS & MANAGEMENT SCIENTISTS RANKING
How Can Research Rankings Inform Undergraduate Degree Decisions?
Research rankings offer valuable insights that extend beyond advanced research, serving as a strategic resource for prospective undergraduate students. These metrics can aid in evaluating the academic strength and research culture of institutions, providing a basis for informed decisions about which programs best align with future career aspirations. By analyzing institutional rankings and research trends, decision-makers can identify undergraduate programs that emphasize both theoretical knowledge and practical application. For students prioritizing streamlined pathways into business education, exploring programs and comparing criteria such as curriculum rigor and institutional support can be beneficial. For example, consider reviewing options like which bachelor degree is easiest to assess pathways that offer a balanced approach to foundational learning and research engagement.
Countries with the highest number of leading business and management scientists
Consistent with the 2023 report, the United States tops the list with 465 scholars, securing its place as the country with the highest number of leading scientists which represents 46.5% of the overall ranking. From having 468 ranked scientists in 2023, the number of scientists in the United States decreased to 465 in 2024.
Meanwhile, the United Kingdom has six fewer scientists this year compared with 2023, but it keeps its second spot at 156 scientists.
The ranking also sees Australia losing one scientist in the 2024 ranking, from 52 in 2023 to 51 in 2024.
Canada maintained its 4th place in the ranking gaining four more scientists in 2024. The Netherlands still ranks 5th with one additional scientist, while China gained four more scientists securing the 6th spot. Germany ranks 7th with 27 scientists, from 24 scientists in 2023.
Rounding up the top 10 include France at the 8th spot with 16 scientists, followed by Singapore with 14 scientists and Denmark, replacing Italy at the 10th spot, with 11 scientists.
Please note that the country associated with a scientist is based on their affiliated research institution, not on their actual nationality.
How does the affordability of advanced degrees influence research excellence?
Affordable advanced degree programs have emerged as a key factor in broadening access to high-quality research opportunities and fostering a diverse academic community. Lower-cost, flexible academic options can attract talented individuals who might otherwise be excluded due to financial constraints, thereby enriching the pool of researchers and encouraging innovative approaches to solving complex business and management challenges. In addition, access to streamlined and cost-effective degrees opens pathways for early-career professionals to quickly gain expertise and contribute to dynamic research fields. Such programs benefit not only individual career progression but also institutional research performance by supporting a vibrant, inclusive, and diverse research culture. For professionals seeking cost-efficiency in their academic journey, exploring the cheapest easiest masters degree can be a strategic step toward achieving both academic and professional excellence.
Institutions with the highest number of leading scientists
For the 2024 edition of the best scientists in business and management report, the University of Pennsylvania leads all institutions with a total of 22 scientists. From 21 scientists in 2023, one more expert researcher was added to this top-ranking institution in 2024.
Ranking second is Arizona State University with 13 scholars while Stanford University is at the third spot also with 13 scientists. Harvard University is in the fourth spot with 12 scientists, MIT ranks fifth with 12 scientists, followed by Georgia State University, University of Maryland-College Park, and the University of Warwick, with 11 scientists each.
Of the top 10 leading institutions, American universities constitute 80%, with the University of Warwick from the United Kingdom and Hong Kong Polytechnic University as the only research institution based in China.
Among the 20 leading institutions, four universities are from the United Kingdom including the University of Warwick, the University of Manchester, Lancaster University, and the University of Reading, one from China, and the rest are all American universities.
Enhancing research capabilities at online universities
Technology in online universities enhances scholarly research by providing tools and platforms that streamline the research process, increase access to data, and improve data collection methods. Digital technologies in higher education, including online universities, offer benefits such as faster access to relevant information, improved data analysis, and enhanced research design and analysis capabilities.
These technologies enable researchers to collect data more efficiently, reduce human error, and accelerate the research process. Additionally, technology facilitates the dissemination of research findings through scholarly journals, ultimately contributing to advancements in various fields such as economics, medicine, and human behavior.
Overall, the integration of technology in enhancing scholarly research among online universities provides researchers with the tools and resources needed to conduct high-quality research effectively and efficiently.
How Does Accessible Education Accelerate Research Innovation in Business and Management?
Emerging scholars benefit from accessible education that builds a strong foundation in business principles and analytical techniques, enabling them to contribute novel solutions to industry challenges. Affordable programs, such as a cheap online bachelor degree, reduce financial barriers while instilling critical research methodologies that nurture future leaders. This approach not only diversifies the talent pool but also enhances the practical application of research initiatives in evolving global markets.
How can accelerated degree programs enhance business research careers?
Accelerated degree programs offer a streamlined curriculum designed to integrate advanced research methodologies with practical business applications. These concise yet rigorous programs allow professionals to quickly update their expertise and contribute effectively to evolving research landscapes. By expediting academic progression, such programs help bridge the gap between theoretical insights and industry innovation, reinforcing research credibility and practical leadership. Interested scholars should consider exploring the shortest masters programs online to augment their research profiles and advance their careers efficiently.
What Are the Limitations of Current Ranking Methodologies?
Current ranking methodologies, while offering valuable quantitative insights, may not fully capture the multidimensional nature of academic impact. Variations in citation practices across sub-disciplines and regional publication biases can affect the comparability of D-index scores. Additionally, the exclusive focus on bibliometric data may overlook qualitative aspects such as mentorship quality and institutional collaboration. A nuanced interpretation of these rankings is essential for stakeholders considering further educational investments, such as exploring cheap online colleges that accept FAFSA in California, where balanced criteria might incorporate both cost efficiency and comprehensive academic development.
How Do Online PhD Degrees Influence Research Innovation in Business and Management?
Online doctoral programs are emerging as pivotal channels for advancing research innovation by combining rigorous academic standards with flexible, technology-driven methodologies. These programs enable scholars to engage in multidisciplinary projects and leverage digital platforms for data collection, complex analytics, and global collaboration. The integration of practical research design with state-of-the-art digital tools enhances the capacity to address dynamic business challenges and fosters impactful, real-world applications without the constraints of traditional campus settings. Emphasizing applied research further bridges the gap between theoretical development and industry practice, paving the way for strategic breakthroughs and long-term business innovation through online PhD degrees.
How do industry partnerships drive research innovation in business and management?
Industry partnerships provide a vital conduit between academic research and practical business applications. These collaborations foster access to proprietary data, specialized industry tools, and emerging market trends that enrich scholarly investigations. By integrating real-world insights with robust academic frameworks, researchers can validate theories, fine-tune methodologies, and pioneer solutions addressing contemporary business challenges. Enhanced coordination between academia and industry also promotes experiential learning, targeted innovation in digital transformation and sustainability, and the development of strategies closely aligned with market needs. Professionals seeking expedited academic progression and hands-on expertise may consider exploring fast track degree programs online to further augment their research and career trajectories.
D-index ranking-leaders, averages, and distribution
For Europe, Professor Mike Wright of Imperial College London in the United Kingdom ranks first with a D-index of 147. He is also the top researcher in the 2024 world ranking.
For North America, Professor David B. Audretsch of Indiana University leads the list of best researchers and is also in the second spot of the world ranking with a D-index of 144.
For Oceania, Professor C. Michael Hall from the University of Canterbury in New Zealand tops the list which also ranks 12th in the world ranking with a D-index of 112.
Professor Michael Frese of Asia School of Business in Malaysia occupies the 15th spot in the world ranking and leads the list in Asia with a D-index of 109.
For South Africa, Professor Theodor J. Stewart of the University of Cape Town leads the list of best scholars with a D-index of 41. Professor Stewart is number 1146 in the world ranking.
Professor Marly Monteiro de Carvalho of Universidade de São Paulo in Brazil secures a rank of 1054 in the world ranking as well as the top ranking in South America with a D-index of 43.
The average D-index for the top 1% of scientists is 128 against an average of 59 for all scientists included in the ranking.
The scholar with the lowest index value who made it to the ranking in 2023 has a D-index of 44.
For 2024, the average number of published articles for the top 1% of scholars in the ranking is 766 against an average of 215 for all the scientists.
The average number of citations for the top 1% of scientists is 120,603 against an average of 27,469 for all the scholars in the ranking.
You can learn more about the methodology used to create this report here.
About Research.com
All research was coordinated by Imed Bouchrika, Ph.D., a computer scientist with a well-established record of collaboration on a number of international research projects with different partners from the academic community. His role was to make sure all data remained unbiased, accurate, and up-to-date.
Research.com is the number one research portal for science and educational rankings. Our mission is to make it easier for professors, research fellows, and students to progress with their research and find the top experts in a wide range of scientific disciplines. Research.com is also a leading educational platform that helps students find the best colleges, academic opportunities, and career paths.
